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EY: Greece Gaining Ground as Investment Destination

Greece is gaining ground with investors looking for opportunities thanks to its recovery program and despite Covid-19, according to Ernst & Young (EY).
Posted On 15 Dec 2020
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Investments in Iconic Projects Key to Greece’s Competitive Edge

Greece must accelerate key infrastructure upgrades and iconic projects that will bring added value to destinations so as to remain competitive, an INSETE study says.
Posted On 15 Dec 2020
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The Hellinikon project. Photo Source: thehellinikon.com
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Hellinikon MoU Secures Greek Antiquities, Moves Project Forward

The Greek Culture Ministry and Lamda Development agreed to protect all antiquities at Hellinikon while ensuring works proceed according to schedule.
Posted On 14 Dec 2020
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Israeli Investors Showing Strong Interest for Greece

Israeli investors are expressing a strong interest for Greece and its developing business sectors, including tourism and real estate.
Posted On 07 Dec 2020
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Minister Encourages US Investors to Bet on Greece

Greek authorities are inviting US investors to do business in Greece as dozens of new opportunities are opening in the country.
Posted On 03 Dec 2020
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Greece to Carry Out €470m Road Safety Project with EIB Support

The European Investment Bank (EIB) has agreed to support half of a 470-million-euro nationwide programme to reduce the risk of traffic accidents across Greece.
Posted On 30 Nov 2020
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Two Luxury Hotels Announced for Hellinikon Project by Lamda and TEMES

Lamda Development and TEMES have entered a strategic agreement to develop two state-of-the-art luxury hotels as part of the Hellinikon project in Greece.
Posted On 27 Nov 2020
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Investors Have Their Eye on Greece, Says Accor CEO Southern Europe

Accor CEO Southern Europe Maud Bailly highlights Greece's attractiveness as a destination for tourism investments.
Posted On 25 Nov 2020
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Athens Urban Regeneration Project to Start with Panathinaikos Stadium

Athens' urban regeneration project will begin with the construction of the much-awaited Panathinaikos football stadium in Votanikos.
Posted On 20 Nov 2020
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Covid-19 Puts a Brake on Greece’s Golden Visa Scheme

Greece’s golden visa program has seen an impact due to the Covid-19 pandemic with the number of visas and residence permits having dropped significantly since the start of 2020.
Posted On 17 Nov 2020
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Paros Airport Upgrade Project Secures Funding

The project for improving and expanding infrastructure at the new airport on the Greek island of Paros has secured NSFR funds of over 43 million euros.
Posted On 13 Nov 2020
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Greece Bets on Athenian Riviera to Stimulate Property Sales

New constructions on the Athenian Riviera in Greece are expected to boost property sales in the seaside suburbs of Athens, according to a report by Algean Property.
Posted On 12 Nov 2020
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Cretan Investments Group Hellas Adds First Hotel to Tourism Portfolio

Cretan Investments Group Hellas has added the first hotel to its tourism portfolio by acquiring the Iti AKS Minoa Palace hotel on Crete.
Posted On 11 Nov 2020
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Greece Teams Up with Volkswagen for Astypalea Green Project

Volkswagen Group has announced a pioneering pilot project to transform Astypalea into the first smart energy and green island in the Mediterranean.
Posted On 04 Nov 2020
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Vouliagmeni Marina to Get Upgrade to Accommodate Super and Mega Yachts

The Vouliagmeni marina, located south of Athens’ center, is set to undergo major upgrade works with the aim to attract super and mega yachts.
Posted On 30 Oct 2020
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VORIA: New Tourism and Entertainment ‘Destination’ Coming to North Athens

VORIA is the name of a new tourism complex planned to go up in Marousi, northern Athens, which will house the renowned casino of Mt. Parnitha (Mont Parnes) and also include a 5-star hotel.
Posted On 27 Oct 2020
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TUI’s Plans Include Opening More Hotels in Greece

Opening more hotels in Greece is included in TUI's strategy, according to TUI Hotels & Resorts Head of Project Scouting Dieter Kornek.
Posted On 26 Oct 2020
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Kavala Port Authority. Photo source: HRADF
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Greece Pushes Forward with Port Upgrades

Greece is accelerating procedures in order to move ahead with infrastructure upgrades at ports across the country, according to Shipping Minister Yiannis Plakiotakis.
Posted On 26 Oct 2020
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Tae Kwon Do Olympic facility, Palaio Faliro. Photo source: ETAD
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Greece Aiming to Tap Into Public Assets

Greece is looking to capitalize on dozens of public assets in an attempt to boost state coffers and drive the economy, according to Public Properties Company (ETAD) CEO Stefanos Vlastos.
Posted On 22 Oct 2020
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Mohegan’s Casino Project in Greece to Take 3 Years After Permit Issue

The first integrated resort and casino to be constructed in Greece, at the former Athens airport in Hellinikon, is expected to take three years to complete.
Posted On 22 Oct 2020
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